Fiscal year 2019 task order for overseas military banking program

Ended Awarded Last action

Contract number
HQ042319F0029
Awardee
Awarding agency
Obligated
$4,187,596

Award facts

Contract value 78% obligated
$5,375,352.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of the Secretary Headquarters, Department of Defense
NAICS code
522110 Commercial Banking
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Cost Plus Fixed Fee
Place of performance
San Antonio, TX 78205, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00004 -$162,756
Funding Only Action P00003 -$125,000
Funding Only Action P00002 $0
Funding Only Action P00001 $0
Original award $4,475,352

About this award

The Department of the Army Headquarters Office of the Secretary awarded a Fiscal Year 2019 cost-plus-fixed-fee delivery order to the National Association Bank of America, operating as the Bank of America BR# Lsn-730290, to provide banking services for the Overseas Military Banking Program. The $5,375,352.00 task order has a completion date of March 31, 2020 and is part of the bank's larger role as prime contractor for the Department of Defense's Overseas Military Banking Program, which supports the financial needs of U.S. military personnel stationed abroad. As the parent company, Bank of America Corporation's Global Trade and Supply Chain Finance division facilitates the financial transactions and banking requirements under this contract. No set-aside designation was used for this award.

Quick answers

Who was awarded contract HQ042319F0029?

HQ042319F0029 was awarded to National Association Bank Of America by Defense Finance and Accounting Service (Department of Defense) on April 1, 2019.

How much is contract HQ042319F0029 worth?

The government has obligated $4,187,596 on HQ042319F0029. Its current value, with exercised options, is $5,375,352.

Which agency awarded contract HQ042319F0029?

Defense Finance and Accounting Service (Department of Defense) awarded HQ042319F0029, with funding from Office of the Secretary (Headquarters).

Is contract HQ042319F0029 an order under another contract?

Yes. HQ042319F0029 is a delivery order under HQ042313D0001, an indefinite delivery contract.

Was contract HQ042319F0029 competed?

The extent of competition for HQ042319F0029 was full and open competition.

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